Listed by Stonecliff, NewQuest Properties
$10,130,000
7-Eleven - Sinton, TX
Details
APN 1043001
Property Type Retail
Sub Type Convenience Store
Square Footage 4,650
Units 1
Cap Rate 5.25%
NOI $531,805
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/28/2039
Remaining Term 12.7
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $2,178
Year Built 2024
Acreage 4.480
Investment Type Net Lease
Lease Commencement 02/28/2024
Ground Lease No
7-Eleven | Prime Location off Hwy 89 | 100% Depreciation
Investment highlights
- Situated just off of Highway 89, a key corridor connecting Corpus Christi to San Antonio, offering high visibility and regional access.
- Surrounded by established tenants including Dairy Queen, Whataburger, H-E-B, Dollar General, O'Reilly Auto Parts, Subway, Valero, and more.
- Only 20 miles north of the 8th most populated city in Texas, capturing both local and regional traffic.
- Corpus Christi's industrial petrochemical, and port sectors drive population and employment growth in Sinton and surrounding communities.
- The property is adjacent to Sinton High School with a student enrollment exceeding 2,014 students.
Listing Contacts
Listed by Stonecliff, NewQuest Properties
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$531,805.00
$44,317.08/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
